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Modern Accounting Program in Abu Dhabi

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Modern Accounting Program

Khawarizmi Training Solutions proudly offers intensive training on “Modern Accounting” to boost ones’ knowledge and expertise in the accounting and finance sector of any organization

The Modern Accounting Program covers a series of 6 training courses. Each of them is a prerequisite of the next one. This program has been designed to equip learners with the accounting expertise that will for sure pave the way to a better job performance and job opportunities in every organization.

Course Outlines

I – Essentials Of Accounting: (Level 1)

  • Introduction to types and normal of accounts (Debit & Credit)
  • Assets, liabilities, and capital
  • Journalizing and posting transactions
  • The double entry bookkeeping system
  • Adjusting procedures
  • Closing procedures
  • Preparation of Trial Balance
  • Preparation of Financial statements

II – Accounting – Intermediate Level (Level 2)

  • Plant and equipment depreciation
  • Bank reconciliation
  • Petty cash fund
  • Cash Management
  • Accounts Receivable :Doubtful Debts
  • Recording Methods
  • Assets transactional recording (Disposal, Exchange, Sales) & Market Value

III – Financial Statements Analysis and Interpretation

  • Balance sheet
  • Income Statement
  • Statement of Cash Flow
  • Statement of Retained Earnings
  • Managerial view of the Financial Statement
  • Liquidity ratios
  • Activity, or utilization, ratios
  • Financial, or leverage
  • Profitability ratio
  • Market-value ratios
  • Analyzing Results
  • Time Series Comparisons
  • Management Targets

IV – Budgeting & Cost Control

  • The Role of Budgets
  • Working Capital Management
  • Preparation of Budget
  • The Production Budget
  • Cash Flow Management
  • The Evaluation & Co-ordination of a Budget
  • Measuring Costs and Benefits for
  • Decision-making
  • Keeping Costs Down

Duration

  • 60 hours

Entry Requirment

  • Candidates who have not completed their academic studies and they want to work in accounting field OR if they want to get a general awareness of the Accounting field.
  • Those that have completed their Academics but did not work in the accounting field and are seeking to do so now.
  • Students who have completed their Academics and worked in accounting field and stopped for many years and they want to return back to the accounting domain.

Course Schedule

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